Kyodo news summary -9-
(Japan Economic Newswire Via Acquire Media NewsEdge) TOKYO, April 25 -- (Kyodo) _ ---------- Gemba keen to cooperate with China, Russia to stop N. Korea nuke test
TOKYO - Foreign Minister Koichiro Gemba said Wednesday he sees the need for Japan to closely cooperate with China and Russia, along with the United States and South Korea, to prevent North Korea from conducting a nuclear test or taking any provocative action.
Gemba's remark comes after a recent warning by the North Korean military that it will soon launch "special actions" against South Korea in retaliation for what it calls "reckless" criticism from the South of the new Kim Jong Un regime.
---------- Toyota Tsusho to get 10% stake in Australia grain firm
NAGOYA - Japanese trading house Toyota Tsusho Corp. said Wednesday it will acquire a 10 percent stake in Australian grain exporter Pentag Nidera Pty Ltd.
Nagoya-based Toyota Tsusho envisions meeting demand for grains such as wheat and corn in Japan and elsewhere by making inroads into the grain collection market in Australia through the investment in the Queensland state-based grain exporter, the company said.
---------- Japan's sole operating reactor to shut down late at night on May 5
SAPPORO - Japan's sole operating nuclear reactor, the No. 3 reactor at the Tomari plant in Hokkaido, will shut down at around 11 p.m. on May 5 for a regular checkup, plant operator Hokkaido Electric Power Co. said Wednesday.
That is expected to leave Japan without a single one of its 50 commercial nuclear reactor in operation, as prospects are bleak that the government will be able to win approval from local governments to restart two reactors in Fukui Prefecture by that time.
---------- Anti-, pro-TPP campaigns heat up before Japan-U.S. summit
TOKYO - Campaigns supporting and opposing Japan's possible participation in the Trans-Pacific Partnership regional trade pact negotiations picked up steam Wednesday ahead of a Japan-U.S. summit later this month in Washington.
About 3,000 people staged a protest gathering at Tokyo's Hibiya Park in a project organized by agricultural and consumers' institutions.
---------- Canon revises 2012 earnings forecast upward
TOKYO - Canon Inc. said Wednesday it has revised upward its group net profit and sales projection for 2012 after revising assumed exchange rates for the yen's depreciation against the U.S. dollar and the euro by around 5 yen each at 80 yen and 105 yen, respectively.
The maker of printers, photocopiers and cameras expects to mark 3.90 trillion yen in consolidated sales, compared with the earlier assumed 3.75 trillion yen, up 9.6 percent from the previous year, it said. Canon expects to generate roughly 80 percent of its group sales abroad.
---------- Delivery of M'bishi passenger jet to be delayed for over 1 yr
NAGOYA - Delivery of Japan's first small passenger jet developed by Mitsubishi Aircraft Corp. will be delayed for more than a year to the middle or second half of fiscal 2015, the company said Wednesday.
The Mitsubishi Heavy Industries Ltd. subsidiary, which originally planned to deliver the Mitsubishi Regional Jet to All Nippon Airways Co. sometime between January and March 2014, blamed the delay on time-consuming reviews of the production process and technological developments.
---------- Communist rebels kill 11 soldiers, 1 civilian in Philippines
MANILA - Philippine communist rebels on Wednesday killed 11 soldiers and a civilian in an ambush in Ifugao Province, north of Manila, a spokesman for the military said.
Col. Miguel Puyao told reporters that an undetermined number of New People's Army guerrillas attacked a convoy of three military trucks shortly after 7 a.m. in Tinok town.
---------- KDDI group net profit falls 6.5 percent in FY 2011
TOKYO - KDDI Corp. said Wednesday its group net profit in the year ended March 31 fell 6.5 percent to 238.60 billion yen, due to increased income tax and decreased deferred tax assets.
The telecommunications company that runs the "au" cellular service posted a group operating profit of 477.65 billion yen, up 1.2 percent from a year earlier on operating revenue of 3,572.10 billion yen, up 4.0 percent.
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